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ESC C16 and Entrepreneur's Relief

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    #11
    Originally posted by NastyNick View Post
    Thanks for all your replies.

    If I use voluntary liquidation will this affect my credit record, ability to get a mortgage, ability to work in finance?
    Here is a different question. Do you know the difference between you as a person and your company as an entity?
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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      #12
      Originally posted by NastyNick View Post
      Thanks for all your replies.

      If I use voluntary liquidation will this affect my credit record, ability to get a mortgage, ability to work in finance?
      Yes, making use of a voluntary liquidation is fine and should not cause any problems at all.

      Alan

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        #13
        Originally posted by Nixon Williams View Post
        Yes, making use of a voluntary liquidation is fine and should not cuase any problems at all.

        Alan
        Cool, thanks for your help.

        Are there Insolvency Practitioners that specialise with contractors? Cheaper... like..?

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          #14
          Originally posted by NastyNick View Post
          Cool, thanks for your help.

          Are there Insolvency Practitioners that specialise with contractors? Cheaper... like..?
          I am not aware of anyone who specialises yet, but then it is early days, the new regime only started today.

          We have an arrangement who will do it for £3500 but some have said they can get it cheaper than that.

          I am sure that over time, the price of this service will fall to a lower level, as the work should be very straight forward.

          Alan

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            #15
            Originally posted by NastyNick View Post
            Cool, thanks for your help.

            Are there Insolvency Practitioners that specialise with contractors? Cheaper... like..?
            My firm will do it for £2,500 + VAT plus disbursements (circa £500 typically). PM me if you'd like details.

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